Plan Ledger DOL Form 5500 · updated monthly

Consensus Medical GroupProfit-sharing plan

CONSENSUS MEDICAL GROUP 401(K) PLAN · MARLTON, NJ · plan year 2023

Reported admin expense ratio · 2023
0.25%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Consensus Medical Group reported $91,761 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,836 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.07% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 647th-largest of 2,419 plans among New Jersey employers on file, and the 2,187th of 11,911 in health care & social assistance. In 2023, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 219 to 243 since 2022.

Plan summary
Net assets, end of year$41,364,285
Participants with balances395
Active participants243
Employer contributions$1,175,117
Employee contributions$2,712,455
Employer contribution per active participant$4,836
Average account balance$104,720
Benefits paid to participants$2,151,619
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $587K emplr
2023$41.4M · 395 accts · $1.2M emplr
2022$32.0M · 271 accts · $739K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$91,761
Total administrative$91,761
Employer contributions to the Consensus Medical Group plan · 2023
Employer contribution per active participant$4,836
Median for plans this size$2,440
2023$4,836 per active participant
2022$3,375 per active participant

Consensus Medical Group's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RESOURCES INVESTMENT ADVISORS LLC · Investment advisory (plan)$46,002
KB FINANCIAL PARTNERS, LLC · Investment advisory (plan)$25,884
FIDELITY INVESTMENTS COMPANY, LLC · Loan processing$19,875

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$91,761 · 0.25%
2022$12,627 · 0.07%
Similar plansHealth Care & Social Assistance · New Jersey
Primary Care Partners, LLC NJ$45.1M · 0.33%
Valley Home Care, Inc. NJ$43.7M · 0.06%
Garden State Urology, LLC NJ$43.2M · 0.00%
Eclc of Nj NJ$36.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832124345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.